Former Infosys CEO's AI Startup Secures Additional $53M in Funding
Hang Ten Systems, an artificial intelligence startup founded by former Infosys CEO Vishal Sikka just four months ago, has raised another $53 million in seed funding. This brings the company’s total funding to $85 million and marks a rapid expansion following its initial $32 million round five weeks earlier. The latest investment was led by Temasek's early-stage platform Xora with participation from Mayfield, Aramco Ventures, Intel CEO Lip-Bu Tan, Micron CEO Sanjay Mehrotra, and Yahoo co-founder Jerry Yang. Hang Ten aims to transform how large enterprises build and maintain software using AI. The startup works primarily with companies generating over $10 billion in annual revenue, offering strategic advice on AI integration while helping develop mission-critical systems. Within 25 days of its first meeting with a client, Hang Ten secured a multimillion-dollar contract—unusual speed for enterprise deals. The company is already working with major clients like Fresenius Kabi, Saudi Aramco, and Siemens Energy across the U.S., Europe, the Middle East, and Asia. With this new funding, Hang Ten plans to expand its engineering, consulting, and sales teams globally.
Topics: AI Enterprise Software Investment Startups